Oil and gas

Dangote Petroleum Refinery and Petrochemicals Successfully Completes Landmark Us$2.5 Billion Private Equity Placement 

      Dangote Petroleum Refinery and Petrochemicals FZE (“DPRP” or the “Enterprise”) on July 23, 2026, announced the successful completion of its landmark Private Placement, which achieved 3.7 times subscription relative to the initial offer size and resulted in the issuance and allotment of approximately US$2.5 billion in new equity. This transaction is believed to be Africa’s largest publicly disclosed primary equity private placement by value....

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